1842 1C N-4, RB MS(PCGS#405819)

September 2021 Pre-Long Beach U.S. & World Coin Auction #123

Auctioneer

Goldberg Auctioneers

Lot Number

29

Grade

MS65+RB

Price

6,000

Lot Description

Lot 29 1842 N-4 R2 Large Date PCGS graded MS65+ Red & Brown.Lustrous faded mint red mellowing to bluish steel and olive with more than a third of the planchet showing mint color. Sharply struck and very attractive. All the stars have complete radial lines and the hair at the top of the ear is fully struck. The only marks are a small puff of darker bluish steel toning left of star 10, a dull tick right of star 2, and a tiny planchet chip between stars 7 & 8. The reverse is flawless. E-MDS, die state a. The fields are satiny from microscopic die flowlines but all the early die lines described by Grellman remain visible. Our grade is MS64, tied for CC#2 in the Grellman census. A great cent that comes with an equally great provenance. The attribution and COL Ellsworth Collection provenance are noted on the PCGS label. PCGS population 1; 1 finer in 66RB.Estimated Value $4,750 - UP Ex Wayte Raymond 11/20/1945:196-Willard C. Blaisdell (his date set) 9/1976 (via Del Bland)-R. E. Naftzger, Jr., 1990 EAC Sale, lot 285-R. S. Brown, Jr., McCawley & Grellman Auctions/Superior 6/2/2002:89 ($5290)-Wesley A. Rasmussen, Heritage Auctions 1/13/2005:3754-Colonel Steven K. Ellsworth Collection (includes the collection envelopes of Blaisdell, Naftzger, Brown, and Rasmussen plus lot tickets from the EAC and Rasmussen sales).